About this role:

The Credit Sales and Trading group within Corporate and Investment Banking is seeking a Managing Director Senior Money Market Trader with a focus on Commercial Paper to lead our short duration fixed income trading desk. The Senior Money Market Trader will be responsible for providing funding solutions to corporate and sovereign clients and global banks as well as garnering the funding needs of the firm and driving the liquidity process for our issuing clients to our institutional and middle market investor base. 

In this role, you will:

• Effectively manage risk positions within Money Market’s internal trading mandate.
• Create and maintain relationships with buy-side trading counterparts, internal sales and trading personnel across all trading desks, and internal business partners.
• Develop trade ideas that complement our origination sector focus and enable our clients to meet their investment objectives and manage credit risk.
• Provide liquidity in the form of market making to give the sales force an opportunity to cross trades between their clients (risk less client flows)
• Trade with other product areas inside Wells Fargo to better serve client financial needs.
• Partner with the origination franchise to provide in-depth market insights to accurately price and distribute paper in our new issue process (primary distribution)
• Manage and develop a team of trading professions to help deploy strategic decisions and grow the business while ensuring all adhere to the Desks regulatory and compliance requirements

Required Qualifications, US:

• 8 years of Securities Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4 years of management experience

Desired Qualifications:

• 8 years’ experience trading with a focus on commercial paper.
• 8 years' of trading experience with money market credit products.
• 4 years's experience managing direct reports with a proven history of managing and providing leadership to other traders.
• Candidate needs to possess exceptional credit knowledge with a history of managing risk in money market credits.
• Candidate must have strong analytical skills, financial modeling, and an understanding of all credit products.
• Candidate has established relationships across money market credit markets including buy-side clients.
• Candidate needs to be organized, affable, and able to work in a collegial, team-oriented environment.

Job Expectations:

• Based in Charlotte, NC
• FINRA Series 7, 63, and 24

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.